Jiangsu Leadmicro Nano-Equipment Technology (SHA:688147) will pay the first annual interest for its 1.17 billion yuan convertible bonds issued in August 2025, according to a Thursday disclosure to the Shanghai Stock Exchange.
The company will distribute an interest payment of 0.20 yuan on Aug. 6, for every bond held.
The six-year convertible bonds feature a coupon rate of 0.20% in its first year, rising up to 2% in the sixth year.
Leadmicro manufactures high-end micro-nano equipment for semiconductors. Its shares plunged 14% in recent trade.